Don’t Poke the Regulatory Bear: Not a Realistic Option for the Blockchain and Cryptocurrency Industries

07/31/2018

Dennis O. Cohen published a client alert, “Don’t Poke the Regulatory Bear: Not a Realistic Option for the Blockchain and Cryptocurrency Industries.”

“Are cryptocurrencies and blockchain businesses overregulated or underregulated? Many in the field already feel under attack from the host of awakening U.S. federal and state regulators. Meanwhile, some observers call for Congressional action or a more comprehensive regulatory approach. That should not happen. Nothing about blockchain technology requires new federal legislation. But serious practitioners must learn to navigate existing federal regulations and stay on top of certain state-level developments.”